Quote from ghostzapper:
ok CNBC says the old high is 1527. It's been 7 years so I didn't remember the exact number !
When the S&P hits 1527, the end is near. Oviously the first sign of trouble will be increased volatility so the upper end may get stretched abit.
And you can also say that at that point the risk/reward will strongly favor lower prices over the next 6 months. Take it to the bank.

Quote from ghostzapper:
Like I said, negative for the day !